eFront, a leading software provider of financial solutions for managing alternative investments, is pleased to announce that Artesian Venture Partners has chosen eFront as its solution provider for managing data and communication across all of its funds.
The firm will use the eFront end-to-end FrontInvest solution to automate its entire front to back office operations, and the Investment Café portal to keep its investors fully informed.
"Artesian is building a number of new funds, including Blue Chilli Venture Fund and Artesian Venture Capital Fund of Funds, ILP, the first Australian Venture Capital Fund of Funds, and wanted a single centralized solution for fund raising, deal screening, portfolio monitoring, and investor management," explained Tim Heasley, COO of Artesian Venture Partners. "The fact that FrontInvest provided all of that, as well as dedicated functionality to support the early stage VC market, made for an easy decision."
In addition, the Investment Café investor portal will improve communication with Artesian Venture Partners' investors while increasing transparency. Investment Café will provide an advanced SaaS-based investor reporting system that enables fund managers to disseminate information to investors online instantly and securely, around the clock and around the world.
"We are very pleased to have yet another Australian client on board," commented Oliver Johnson, eFront Sales Director for South East Asia & Australia. "eFront has a growing client base here, and once again the eFront product suite has proven to be the solution of choice for all sizes of alternative investment firms, from small boutiques to the largest institutions."